Taking the Reins of Fraud: The Wells Fargo Scandal

Taking the Reins of Fraud: The Wells Fargo Scandal

Autor: Alcántara Meléndez, Andrés; Salcedo Romo, Alejandro

Área Académica: Factor Humano

Clave: FH-25-eC-04

Formato: PDF

Tipo: Caso

Año de publicación: 2025

Idioma: Español

Tema: Fraud

Número de páginas: 8

Fecha de revisión: October 2025

Origen: IPADE

$7.46
Agregando al carrito… Se agregó el artículo

On September 8, 2016, the Consumer Financial Protection Bureau (CFPB) imposed a $185 million fine on Wells Fargo after discovering that the bank had opened more than 2 million unauthorized accounts in its customers' names. According to the Los Angeles Times, journalistic investigations into these practices date back to at least 2013, when the first reports emerged revealing a culture of aggressive sales practices within the institution.